AIRLINK 73.06 Decreased By ▼ -6.94 (-8.68%)
BOP 5.09 Decreased By ▼ -0.09 (-1.74%)
CNERGY 4.37 Decreased By ▼ -0.09 (-2.02%)
DFML 32.45 Decreased By ▼ -2.71 (-7.71%)
DGKC 75.49 Decreased By ▼ -1.39 (-1.81%)
FCCL 19.52 Decreased By ▼ -0.46 (-2.3%)
FFBL 36.15 Increased By ▲ 0.55 (1.54%)
FFL 9.22 Decreased By ▼ -0.31 (-3.25%)
GGL 9.85 Decreased By ▼ -0.31 (-3.05%)
HBL 116.70 Decreased By ▼ -0.30 (-0.26%)
HUBC 132.69 Increased By ▲ 0.19 (0.14%)
HUMNL 7.10 Increased By ▲ 0.04 (0.57%)
KEL 4.41 Decreased By ▼ -0.24 (-5.16%)
KOSM 4.40 Decreased By ▼ -0.25 (-5.38%)
MLCF 36.20 Decreased By ▼ -1.30 (-3.47%)
OGDC 133.50 Decreased By ▼ -0.97 (-0.72%)
PAEL 22.60 Decreased By ▼ -0.30 (-1.31%)
PIAA 26.01 Decreased By ▼ -0.62 (-2.33%)
PIBTL 6.55 Decreased By ▼ -0.26 (-3.82%)
PPL 115.31 Increased By ▲ 3.21 (2.86%)
PRL 26.63 Decreased By ▼ -0.57 (-2.1%)
PTC 14.10 Decreased By ▼ -0.28 (-1.95%)
SEARL 53.45 Decreased By ▼ -2.94 (-5.21%)
SNGP 67.25 Increased By ▲ 0.25 (0.37%)
SSGC 10.70 Decreased By ▼ -0.13 (-1.2%)
TELE 8.42 Decreased By ▼ -0.87 (-9.36%)
TPLP 10.75 Decreased By ▼ -0.43 (-3.85%)
TRG 63.87 Decreased By ▼ -5.13 (-7.43%)
UNITY 25.12 Decreased By ▼ -0.37 (-1.45%)
WTL 1.27 Decreased By ▼ -0.05 (-3.79%)
BR100 7,461 Decreased By -60.9 (-0.81%)
BR30 24,171 Decreased By -230.9 (-0.95%)
KSE100 71,103 Decreased By -592.5 (-0.83%)
KSE30 23,395 Decreased By -147.4 (-0.63%)

Intergiro International, Sweden based leading FINTECH Company became the first multinational that has set up its formal branch office and commenced its business operations in Pakistan. In a historic and a landmark development, Intergiro has embarked upon a Comprehensive Plan for "Cashless Digitized Payments" which shall enable "Individuals and Businesses" to transact "Seamlessly" on real-time basis. While this initiative puts an end to quest for other Payment Solution, the ease of use and Cost-Competitiveness are the other two prime benefits that would change landscape of business and payment solution universe.

SBP has granted permission to Allied Bank Limited [ABL] to partner with Intergiro International for providing remittance services to Pakistani freelancers. This approval came after due diligence and thorough compliance reviews by the ABL and SBP relevant functions. Country Manager of Intergiro International, Muhammad Awais Khan, maintained that Integiro being cognizant of cost-effectiveness has taken drastic measures to ensure the 'remittance cost" at the lower end. He expected that this momentous step from an International Player would help boost Pakistani e-Commerce and IT industry, especially the Pakistani Freelancers working on sites like Upwork.

He added that such initiative would not only help Pakistani Freelancers to stay competitive, but will help boost the much-needed forex-inflows given the circumstances when PayPal has opted-out to work in Pakistan. Intergiro wants to give Pakistanis a safe option right here at home rather than having to use risky third-party payment service providers based outside Pakistan where transaction settlement is delayed, expensive and unsecure because funds and accounts can be blocked anytime, leaving them helpless. Muhammad Awais Khan further stated that the incumbent payment solution is quite capable for catering to all Challenges of modern times International Payment Services.-PR

Copyright Business Recorder, 2019

Comments

Comments are closed.